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Volume of paper money payments through Armenia’s central bank’s system increases by 11% in q 3

YEREVAN, November 26, /ARKA/. The volume of paper money payments through Armenia’s Central Bank’s system increased by 11% in the third quarter of 2010 if compared to the same period of time 2009, while the number of payments increased by 1%, according to the Bulletin of Central Bank of Armenia for the third quarter of 2010.

Paper money payments accounted for 39.4% of the total volume of such transactions and 4.5% of their total number.

The average daily number of paper money transactions through Central Bank’s system in quarter three 2010 was 604, while the daily amount was 24 billion Drams, by 2.4 billion Drams more from a year before.

The average amount of a single payment did not change being 40 million Drams. ($1 – 360.17 Drams). -0-

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